Lam Research Corporation $LRCX Shares Sold by Foster Victor Wealth Advisors LLC

Key Points

• Foster Victor Wealth Advisors LLC cut its Lam Research stake by 20.1%, selling 37,875 shares and now holding 150,431 shares valued at about $25.75 million (≈1.5% of its portfolio, 11th largest position).
• Wall Street remains broadly positive with 27 Buy vs. 8 Hold ratings and an average target of $246.94, and several firms (including Stifel) recently raised price targets — Stifel to $300.
• Lam Research recently beat expectations (Q: EPS $1.27 vs. $1.17 est.; revenue $5.34B, up 22.1% YoY) and issued Q3 2026 EPS guidance of $1.25–$1.45.

Foster Victor Wealth Advisors LLC decreased its holdings in Lam Research Corporation (NASDAQ:LRCX - Free Report) by 20.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 150,431 shares of the semiconductor company's stock after selling 37,875 shares during the period. Lam Research comprises approximately 1.5% of Foster Victor Wealth Advisors LLC's portfolio, making the stock its 11th largest position. Foster Victor Wealth Advisors LLC's holdings in Lam Research were worth $25,751,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Capital Advisors Ltd. LLC grew its holdings in Lam Research by 1.1% during the 4th quarter. Capital Advisors Ltd. LLC now owns 4,646 shares of the semiconductor company's stock worth $795,000 after acquiring an additional 51 shares in the last quarter. Financial Consulate Inc. grew its holdings in Lam Research by 2.7% during the 4th quarter. Financial Consulate Inc. now owns 2,157 shares of the semiconductor company's stock worth $369,000 after acquiring an additional 57 shares in the last quarter. Abound Wealth Management grew its holdings in Lam Research by 6.9% during the 4th quarter. Abound Wealth Management now owns 931 shares of the semiconductor company's stock worth $159,000 after acquiring an additional 60 shares in the last quarter. Independence Bank of Kentucky grew its holdings in Lam Research by 6.0% during the 4th quarter. Independence Bank of Kentucky now owns 1,060 shares of the semiconductor company's stock worth $181,000 after acquiring an additional 60 shares in the last quarter. Finally, McLean Asset Management Corp grew its holdings in Lam Research by 1.3% during the 4th quarter. McLean Asset Management Corp now owns 5,099 shares of the semiconductor company's stock worth $873,000 after acquiring an additional 65 shares in the last quarter. Institutional investors and hedge funds own 84.61% of the company's stock.

Wall Street Analyst Weigh In

Several research analysts have commented on the stock. Stifel Nicolaus boosted their price target on shares of Lam Research from $280.00 to $300.00 and gave the stock a "buy" rating in a report on Monday. Erste Group Bank cut shares of Lam Research from a "buy" rating to a "hold" rating in a report on Thursday, April 2nd. Summit Insights upgraded shares of Lam Research from a "hold" rating to a "buy" rating in a report on Thursday, January 29th. HSBC boosted their price target on shares of Lam Research from $181.00 to $221.00 and gave the stock a "hold" rating in a report on Friday, January 30th. Finally, Citic Securities boosted their price target on shares of Lam Research from $165.00 to $275.00 and gave the stock a "buy" rating in a report on Friday, January 30th. Twenty-seven analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company's stock. According to data from MarketBeat, Lam Research has an average rating of "Moderate Buy" and an average target price of $246.94.

More Lam Research News

Here are the key news stories impacting Lam Research this week:

• Positive Sentiment: Stifel Nicolaus raised its price target on LRCX to $300 and kept a Buy rating, signaling continued analyst confidence and adding near-term buying support. Stifel adjusts price target on Lam Research to $300 from $280, maintains buy rating
• Positive Sentiment: Analyst coverage highlights Lam’s strong earnings-surprise history and conditions that suggest it could beat consensus again next quarter — bullish for sentiment ahead of the next report. Will Lam Research (LRCX) Beat Estimates Again in Its Next Earnings Report? Will Lam Research (LRCX) Beat Estimates Again in Its Next Earnings Report?
• Positive Sentiment: Broader semiconductor/AI infrastructure demand is pushing the sector toward all-time highs, lifting sentiment for leading equipment suppliers like Lam. That sector tailwind supports further upside if AI capex remains strong. The Semiconductor Sector Is Hitting All-Time Highs: 2 Stocks Leading the Charge (LRCX)
• Neutral Sentiment: Analysts and outlets are highlighting tools (Zacks Earnings ESP) and screening techniques investors can use to identify potential earnings beats; this is informational and may modestly influence short-term flows around earnings. Why Investors Need to Take Advantage of These 2 Computer and Technology Stocks Now
• Neutral Sentiment: Recent coverage noting LRCX’s outperformance versus the broader market explains part of the rally but is mainly descriptive — useful context for momentum traders rather than a new fundamental catalyst. Lam Research (LRCX) Laps the Stock Market: Here's Why Lam Research (LRCX) Laps the Stock Market: Here's Why
• Negative Sentiment: Some analysts caution that LRCX has run up (~91% in six months per coverage) and now trades at a premium; that valuation risk could prompt profit-taking or slower gains if revenue/capex momentum softens. Should You Still Hold LRCX Stock Despite a 91% Rally in Six Months?

Lam Research Trading Up 1.9%

Shares of Lam Research stock opened at $272.41 on Wednesday. The company has a fifty day simple moving average of $229.09 and a 200-day simple moving average of $191.77. Lam Research Corporation has a 12-month low of $61.14 and a 12-month high of $273.50. The company has a current ratio of 2.26, a quick ratio of 1.61 and a debt-to-equity ratio of 0.37. The stock has a market cap of $340.18 billion, a price-to-earnings ratio of 55.82, a PEG ratio of 2.85 and a beta of 1.78.

Lam Research (NASDAQ:LRCX - Get Free Report) last issued its earnings results on Wednesday, January 28th. The semiconductor company reported $1.27 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.17 by $0.10. Lam Research had a net margin of 30.22% and a return on equity of 62.81%. The business had revenue of $5.34 billion during the quarter, compared to analysts' expectations of $5.23 billion. During the same quarter in the prior year, the business posted $0.91 EPS. The company's revenue for the quarter was up 22.1% on a year-over-year basis. Lam Research has set its Q3 2026 guidance at 1.250-1.450 EPS. On average, equities analysts forecast that Lam Research Corporation will post 3.71 EPS for the current fiscal year.

Lam Research Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, April 8th. Stockholders of record on Wednesday, March 4th were issued a $0.26 dividend. The ex-dividend date was Wednesday, March 4th. This represents a $1.04 annualized dividend and a dividend yield of 0.4%. Lam Research's dividend payout ratio is presently 21.31%.

Insider Activity

In other news, insider Ava Harter sold 4,000 shares of the company's stock in a transaction on Monday, March 2nd. The shares were sold at an average price of $232.50, for a total value of $930,000.00. Following the completion of the transaction, the insider owned 54,705 shares in the company, valued at approximately $12,718,912.50. This represents a 6.81% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CFO Douglas R. Bettinger sold 50,057 shares of the company's stock in a transaction on Wednesday, March 4th. The shares were sold at an average price of $224.03, for a total transaction of $11,214,269.71. Following the completion of the transaction, the chief financial officer owned 1,081,705 shares of the company's stock, valued at approximately $242,334,371.15. The trade was a 4.42% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 130,886 shares of company stock worth $29,658,802. Corporate insiders own 0.31% of the company's stock.

Lam Research Company Profile

Lam Research Corporation NASDAQ: LRCX is a global supplier of wafer fabrication equipment and services to the semiconductor industry. Founded in 1980 by David K. Lam and headquartered in Fremont, California, the company develops and manufactures systems used in multiple stages of semiconductor device production, including thin film deposition, plasma etch, wafer cleaning and related process modules and automation.

Lam's product portfolio covers core process technologies employed by logic and memory manufacturers, with equipment designed to support advanced-node patterning, 3D NAND and other emerging device architectures.

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